**Tools For Solidarity** 

## **ANNUAL ACCOUNTS - Company Number:  NI52306 (NI)** 

## **1st APRIL 2024 to 31st MARCH 2025** 

## **PROFIT & LOSS REPORT - Registered Charity Number: NIC100614 Including Statement of Financial Affairs** 

|**2023-24**|**INCOME**|**2024-25**|**Restricted**||**Unrestricted**|**Notes**|
|---|---|---|---|---|---|---|
|2448|Building Society/Bank Interest|2888|||2888||
|10414|Donations|16900|||16900||
|14959|Grants (EVS)|||||2,|
|41794|Grants Other|59002|59002|||3,|
|1125|Other Income|410|||410||
|8260|Rent Income|2780|||2780|4,|
|1072|Scrap Metal Sales|1857|||1857||
|1924|VAT Refunds|1282|||1282||
|2068|Sewing Machine/Tools sales|4368|||4368||
|545|Gift Aid|808|||808||
||ESD Income|6625|||6625||
|1223|Yarn Sales|1290|||1290||
|205|Foreign Payments||||||
|320|Fund Raising|890|||890||
|2929|Energy Savings|2906|||2906||
|**89286**|**Total Income**|**102006**|||||
|**2023-24**|**EXPENDITURE**|**2024-25**|||||
||**Direct Expenses**||||||
|3215|Purchase, Parts, Materials|4031||403|3628|7,|
|3550|Fixed Assets|199|||199|5,|
|30|Repairs|199|||199||
|**6795**|**Total Direct Expenses**|**4429**|||||
||Overheads||||||
|120|Financial Fees|74||25|49|7,|
|2863|Field Trip Costs|2447|||2447|6,|
|4115|Insurance|5814|1935||3879|7,|
||Fund Raising Expenses|171||171|||
|1676|Legal & Professional Costs|454||151|303|7,|
|5000|Loan Repayment|5000|5000||||
|4893|Light & Heat|6313|2104||4209|7,|
||Overseas Payments|4556|4556||||
|3124|Project Costs||||||
|200|Publicity||||||
|5241|Rent, Rates & Water Charges|4959|1653||3306|7,|
|27530|Salary|45498|45498|||8,|
||Shipping|11079|11079||||
|73|Stationary & Postage|317|||317||
|1363|Other Expenditure|333|||333||
|1100|Telephone|1213||607|606|7,|
|4047|Travel & Subsistence|5328|4789||539|7,|
|3632|Vehicle Fuel/Motor Expenses|2876||957|1919|7,|
|10571|Volunteer Expenses|4373|2915||1458|9,|
|75548|**Total Overhead Expenses**|100805|81843||23391||
|82343|**Total Expenditure**|105234|||||
|6943|**Proft/Loss**|**-3228**|||||



Draft_Accounts_24-25 

## **ANNUAL ACCOUNTS - Company Number:  NI52306 (NI)** 

## **1st APRIL 2024 to 31st MARCH 2025** 

## **ASSETS & LIABILITIES - Registered Charity Number: NIC100614** 

|**2023-24**|**ASSETS**|**2024-25**||
|---|---|---|---|
|375100|Fixed Assets (Premises)|375100|5,|
||**Current**|||
||Van||11,|
|7312|Current Account|4875||
|99891|Building Society|99779||
|165|Petty Cash|143||
|855|Paypal|199||
|13833|Debtors|9748|12,|
|**122056**|**Total Current Assets**|**114744**||
|**2023-24**|**LIABILITIES**|**2024-25**||
|33063|Creditors|11719|13,|
|**33063**|**TOTAL LIABILITIES**|**11719**||
|**88993**|**TOTAL ASSETS LESS LIABILITIES**|**103025**||



**Tools For Solidarity ANNUAL ACCOUNTS - Company Number:  NI52306 (NI) 1st APRIL 2024 to 31st MARCH 2025 BALANCE SHEET  - Registered Charity Number: NIC100614** 

|**2023-24**||**2024-25**||
|---|---|---|---|
||**Fixed Assets**|||
|376600|Tangible Assets|376600|5,|
||**Current Assets**|||
|13833|Debtors|8489|12,|
|108223|Cash in Hand|104996|1,|
|122056|Total Current Assets|113485||
||**Creditors**|||
|-11034|Amount falling within one year|-10553|13,|
|111022|**Net Current Assets/(Liabilities)**|102932||
|487622|**Total Assets Less Current Liabilities**|479532||
||**Creditors**|||
||Amount falling due more than one year|-1166||
|487622|Total Funds/Net Assets|478366||



Notes to the Accounts 

Cash assets include fund of £40,000 held as a Building Reserve and £20,000 held as a General Reserve 

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Draft_Accounts_24-25 

Grants from the EU – European Voluntary Service for the support of International Volunteers in Northern Ireland 

Other Grants incl -  BHSCT (16763), Irish Govt (£18346),  NIPSA (£9855), Halifax (£7855),Unicorn (£3500), Saint James (£2500) Rental Income from the Volunteer House and the Shipping and Education Office. 

Fixed Assets includes three buildings -  Volunteer House, Workshop, Shipping and Education Office Field trips to Tanzania 

Overhead costs attributed to indirect/direct costs on an apportionment basis 

Salaries for Development Educational Worker, Supported Volunteers Co-ords,Project Co-ord. And Workshop/Office Staff Volunteer Expenses incl. supported volunteers, Core Volunteers, International Volunteers plus out of pocket expenses Motor Vehicles are depreciated on a 5 year cycle 

Incl O/S balance for EDS from Irish Govt and Unicorn 

Incl  Committed expenditure for EDS program, Salaries and Partnership Expenditure 

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Draft_Accounts_24-25 

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